EURUSD - Bearish Bias
EUR - BEARISH
1️⃣ Concerns about a surge in COVID-19 cases across Europe and the negative impact of restrictive measures and vaccine delays on economic recovery.
2️⃣ Last week, EU leaders insisted on the need to urgently accelerate the vaccination campaigns and agreed to keep restrictions in place for the time being, including on non-essential travel.
USD - BULLISH
1️⃣ Investors weigh prospects of a strong economic recovery and faster coronavirus vaccine rollout in the US.
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Technical
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We are selling the EURUSD at SBR + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Concerns about a surge in COVID-19 cases across Europe and the negative impact of restrictive measures and vaccine delays on economic recovery.
2️⃣ Last week, EU leaders insisted on the need to urgently accelerate the vaccination campaigns and agreed to keep restrictions in place for the time being, including on non-essential travel.
USD - BULLISH
1️⃣ Investors weigh prospects of a strong economic recovery and faster coronavirus vaccine rollout in the US.
=====
Technical
=====
We are selling the EURUSD at SBR + below SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Trade active
Trade closed: stop reached
✅ TRADE HAS HIT BE+5 PIPS
Trade active
Re-entry at 1.17800Trade closed manually
✅Close Manually At 1.17650+15 PIPS
Order bank 1.2 billion at the price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.